Pending Home Sales Lose Further Steam in September
WASHINGTON (October 29, 2015) — Pending home sales cooled in September for the second straight month and to their second lowest index reading in 2015, according to the National Association of Realtors®. All four major regions experienced a pullback in activity in September. The Pending Home Sales Index,* a forward–looking indicator based on contract signings, […]
NAR’s Second Century Ventures Taps Top Technology Executive Alex Lange to Grow Strategic Investments, Accelerator
Mark Birschbach Promoted to Vice President for Strategic Investments CHICAGO (October 27, 2015) – Second Century Ventures, the National Association of Realtors®’ strategic investment arm, has hired top technologist Alex Lange, former Market Leader chief technology officer, as an operating partner. Adding to SCV’s future success is the promotion of Mark Birschbach to vice president. […]
NAR’s Realtors Property Resource® Executes Definitive Agreement with UPSTREAM™, Begins Development
WASHINGTON (November 5, 2015) — The National Association of Realtors® and its wholly owned subsidiary, Realtors Property Resource®, have signed a technology agreement with UPSTREAM™, a revolutionary industry-owned and controlled data management company, to develop UPSTREAM™’s cross-industry, state-of-the-art platform for real estate data entry, collection and distribution for real estate brokers. UPSTREAM™ will create a […]
First-time Buyers Fall Again in NAR Annual Buyer and Seller Survey
WASHINGTON (November 5, 2015) — The share of first–time buyers declined for the third consecutive year and remained at its lowest point in nearly three decades as the overall strengthening pace of home sales over the past year was driven more by repeat buyers with dual incomes, according to an annual survey released today by […]
Home Prices Sustain Steady Growth in Most Metro Areas in Third Quarter
WASHINGTON (November 12, 2015) — The encouraging lift–off in existing–home sales amidst ongoing inventory shortages kept home prices rising in most of the country during the third quarter, but overall price appreciation slowed to a healthier pace, according to the latest quarterly report by the National Association of Realtors®. The median existing single–family home price […]
NAR Announces Opening of Applications for REach Technology Accelerator Class of 2016
The vertical accelerator from NAR’s investment arm, Second Century Ventures, launches start-up organizations into the trillion dollar real estate industry; provides unprecedented access to highly sought-after influencers. CHICAGO (November 10, 2015) — Second Century Ventures, the National Association of Realtors®’ strategic investment arm, announced today that it is accepting applications for its 2016 REach® accelerator […]
BREAKING: HUD Announces Change to FHA Condo Policies at Realtors® Conference
SAN DIEGO (November 12, 2015) – This evening, Federal Housing Administration Principal Deputy Assistant Secretary Ed Golding joined National Association of Realtors® President Chris Polychron on stage before a packed ballroom of Realtors® and industry experts to announce changes to FHA condominium policies. NAR has long advocated for broad improvements to FHA’s condo rules, arguing […]
With Housing Markets Mostly Back, Realtors® Focus on Future of Real Estate
SAN DIEGO (November 12, 2015) – As the country heads into an election year, Realtors® are gathering this week for the REALTORS® Conference & Expo, here through November 16, where their focus will be on shaping the industry’s future and solving the issues holding back a full restoration of real estate markets. “Few issues are […]
Realtors® Focused on Maintaining Market Momentum, Advancing Industry Goals
SAN DIEGO (November 13, 2015) – Housing prices have roared back and confidence in the marketplace has followed; at the same time, job growth is allowing more buyers to enter the market and rising home equity is giving homeowners the confidence to sell. With this optimism, real estate markets may have finally transitioned from recovery […]
Existing-Home Sales on Track for Further Expansion in 2016
SAN DIEGO (November 13, 2015) – Following the housing market’s best year since the recession, existing-home sales are expected to increase in 2016 at a moderate pace; although affordability pressures from inventory shortages and rising mortgage rates could slow the potential for even stronger sales momentum, according to an economic forecast forum here at the […]
